Tishman Speyer and Commerz Real said on Thursday that they intend to build a 135-metre skyscraper on the Kaiserkarree site they bought in Frankfurt's banking district from Commerzbank. Construction is due to start this spring, with completion scheduled for early 2011.
Swiss real estate group Investis has boosted its real estate holdings with the CHF 139 mln (€149 mln) purchase of prime residential properties in Vaud canton.
